248 Avenue P Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11204
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,522 sqft
Price per Sqft $353
MLS Listing ID 480732
Year Built 1935
Annual Tax Amount $38,000
Lot Dimensions 30X54
Property Sub-Type Mixed Use
Property Description
Welcome to this exceptional mixed-use property, offering a versatile combination of medical and residential spaces across three levels. This brick construction corner property has a built-in garage and handicap platform elevator for 2 separate medical offices. Street Level has a busy podiatrist office, in business for the past 16 years, including an office space with five exam rooms,1.5 baths, a reception area, utilities room and storage. The first floor of this property features a recently renovated and currently vacant doctor's office, boasting a spacious layout designed to accommodate any medical practice needs. This well-appointed space includes five exam rooms, alongside convenient amenities such as 1.5 baths, a spacious reception area, kitchen and ample built-in storage space in the attic. On the top floor, you'll discover a huge three-bedroom one-bathroom residential unit, providing immediate rental income, making it an attractive option for investors seeking to diversify their portfolio with residential real estate. The building was completely rebuilt with a new certificate of occupancy in 2005. Within the past 2 years the following house improvements were done: installation of new roof, new sewer and water main line, masonry stone porches and iron rod fence. Separate utilities with separate meters for gas and electric for all 3 units make it more profitable for the owner. Projected net income almost 100K a year that makes it almost 7% cap!
Location
State NY
County Kings (brooklyn)
Area Gravesend
Zoning R5B
Rooms
Basement Finished,Full
Interior
Interior Features Elevator - Private,Fire - Smoke Alarm,Handicap Design,Kitchen,Lobby – Controlled Entry,Restrooms - Public,Restrooms - Staff,Security Alarm
Hot Water Gas
Heating Gas
Flooring Ceramic,Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Shingle
Handicap Access Yes
Building
Story 2
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash